40032
ZIPFMR
Oldham County, KY
BRFMR
Eff. Rent
0 BR$966$1,060
1 BR$1,047$1,150
2 BR$1,272$1,400
3 BR$1,625$1,790
4 BR$1,891$2,080
5 BR$2,175
6 BR$2,501
7 BR$2,876
8 BR$3,307

Purchase Price Calculator

Maximum purchase price
$146,123

Cost breakdown

+Likely effective rent$1,400
HUD FMR$1,272
Market rent$1,790
Est. payment standard (110%)Used$1,400
Estimated payment standard is $1,400 (110% of FMR).
-Principal and interest-$739
Loan amount$116,898
Down payment$29,225
Rate6.50%
Term30 years
-Operating costs-$461
Property taxes-$146
Insurance-$175
Utilities$0
HOA$0
Management-$140
=Target cash flow+$200
Calculation mode

Hold period projections

Annual appreciation rate
3-year hold
+$22,624(77.4% ROI)
Projected value
$157,358
Current value$146,123
Return breakdown
Property appreciation+$11,235
Loan principal paid down+$4,188
Rental cash flow+$7,200
5-year hold
+$38,670(132.3% ROI)
Projected value
$165,325
Current value$146,123
Return breakdown
Property appreciation+$19,202
Loan principal paid down+$7,469
Rental cash flow+$12,000
10-year hold
+$82,723(283.1% ROI)
Projected value
$187,050
Current value$146,123
Return breakdown
Property appreciation+$40,927
Loan principal paid down+$17,796
Rental cash flow+$24,000

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Market Alignment

FMR / market rent by bedroom; grey wings show the 90-110% payment-standard spread.

Studio
Studio
0.53ratio
FMR$966
Market$1,820
vs market-$854

FMR is below market; voucher rent may lag private rents.

0.53
1 BR
1 BR
0.71ratio
FMR$1,047
Market$1,470
vs market-$423

FMR is below market; voucher rent may lag private rents.

90% standard$942 / 0.64 ratio110% standard$1,152 / 0.78 ratio
0.71
2 BR
2 BR
0.71ratio
FMR$1,272
Market$1,790
vs market-$518

FMR is below market; voucher rent may lag private rents.

90% standard$1,145 / 0.64 ratio110% standard$1,399 / 0.78 ratio
0.71
3 BR
3 BR
0.78ratio
FMR$1,625
Market$2,080
vs market-$455

FMR is below market; voucher rent may lag private rents.

90% standard$1,463 / 0.70 ratio110% standard$1,788 / 0.86 ratio
0.78
4 BR
4 BR
0.78ratio
FMR$1,891
Market$2,410
vs market-$519

FMR is below market; voucher rent may lag private rents.

90% standard$1,702 / 0.71 ratio110% standard$2,080 / 0.86 ratio
0.78
0.700.800.901.001.101.201.30aligned range

Voucher rents are below market for all bedroom sizes.

Historical
FY 2022-2026

Data freshness

FMR
FY2026
Market rent
last ~365 days
About this result(HUD FMR/SAFMR details)

This page shows HUD Fair Market Rent data for 40032 (KY) for FY 2026. Fair Market Rent (FMR) is a HUD benchmark used to determine payment standards for programs like the Housing Choice Voucher (Section 8) program.

Values are shown for 0–4 bedroom units. In some metro areas HUD publishes Small Area FMR (SAFMR) at the ZIP-code level; otherwise the county/metropolitan-area FMR applies. This result is labeled FMR based on HUD's designation for the area and the available data.

Tip: use these numbers as a starting point and confirm local program rules (payment standards may differ from HUD's published FMR). If you're comparing neighborhoods, SAFMR ZIP ranges can highlight variation within the same county.

40032 fair market rent and Section 8 rent limits

The FY 2026 HUD Fair Market Rent (FMR) page for 40032 shows monthly rent limits by bedroom size for Housing Choice Voucher and Section 8 comparisons. The 2 bedroom fair market rent is $1,272 and the 4 bedroom fair market rent is $1,891.

Use this page for searches like 40032 FMR, 40032 fair market rent, and 40032 Section 8 payment standards. Local housing authorities can set payment standards above or below published HUD FMR, so confirm program rules before underwriting a property.

FY 2026 Fair Market Rent by bedroom size for 40032
Bedroom sizeHUD FMR
Studio$966
1 bedroom$1,047
2 bedroom$1,272
3 bedroom$1,625
4 bedroom$1,891